Minnesota, August 17, 2023, Flare Capital Partners and Frist Cressey Ventures announced the close of a USD 10.1 million seed round co-led by Visana Health, a virtual-first comprehensive women’s health clinic. InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, and Venture Investors, among others, are also taking part in the oversubscribed round. Over 30 of the top healthcare organizations in the country are represented by Visana’s investors and the companies they work for. They understand that the most effective approach to delivering the thorough, clinical, and value-focused care that women so sorely need is through evidence-based digital platforms like the one Visana provides.
For various women’s health issues, including menopause, endometriosis, fibroids, PCOS, contraception, UTIs, and more, Visana offers whole-person, inclusive clinical care. The Visana network of doctors and nurse practitioners offers top-notch longitudinal medical care in all 50 states through health plans and employment benefit programs.
Patients at Visana typically have more than three co-morbidities, which indicate high-cost situations requiring thorough and coordinated therapy. With a patient NPS of +90, Visana has built a world-class experience specifically for women and improved patient outcomes through a value-based care approach. It has also shown a 4:1 ROI for health plan and employer partners.
Underdiagnosis, delayed therapy, and inefficient, expensive treatments result from the prevalent clinical approach for women’s healthcare today. Visana offers the first tech-enabled clinical model that improves patient care by seamlessly integrating high-touch technology and data-driven insights. This model results in more accurate diagnoses, individualized treatment plans, and improved health outcomes, including fewer pointless expensive surgeries. Chief Medical Officer Dr. Barbara Levy, a known and skilled physician who ardently supports health equity and the development of care teams that enhance the quality of women’s health across all stages of life, created Visana’s evidence-based clinical care team model.
“Our business partners are devoted to offering women high-quality treatment, but they are growing weary of point solutions and frustrated with the absence of significant advancement in patient outcomes. According to Joe Connolly, co-founder and CEO of Visana, “They see Visana as a complete solution that is uniquely able to engage women where they are and deliver evidence-based care in a seamless model that is proven to reduce costs.” “We plan to use this funding to develop and build on existing relationships with national health plans and Fortune 500 companies that need a comprehensive women’s healthcare solution to support the well-being of their female employees and beneficiaries, and contribute to a healthier, more productive workforce and community,” the statement reads.
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